Inomin Mines Inc (TSE:MINE) has released an update.
Inomin Mines Inc. has signed a non-binding term sheet with Sumitomo Metal Mining Canada for an earn-in and joint venture agreement on its Beaver-Lynx project in British Columbia. The agreement could allow Sumitomo to earn up to an 80% interest in the project by investing $8 million in exploration. This partnership aims to unlock the project’s potential as a major nickel source in a resource-rich area.
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